The University of Maryland's Robert H. Smith School of Business launches the Finance Grand Challenges Speaker Series, delving into pressing financial topics like the 'Unsustainable U.S. Federal Budget.' Experts analyze economic trends, government spending, and revenue projections, offering insights and solutions for the future.
Former White House Economists to Discuss Social Security, National Debt to Kick Off ‘Finance Grand Challenges’ Series at Smith
In an exceptional gathering of economic minds, the University of Maryland’s Robert H. Smith School of Business is set to host the inaugural ‘Finance Grand Challenges’ speaker series. The event, scheduled for 6 p.m. on Monday, Feb. 12, will feature a panel of esteemed economists, all of whom have served under recent White House administrations.
Addressing grand challenges requires expanding viewpoints, seeking out new perspectives and engaging in rigorous dialogue. To do that, the University of Maryland’s Robert H. Smith School of Business once again welcomed the Steamboat Institute’s Campus Liberty Tour to campus.
Federal Reserve economists predicting a mild recession as a result of the recent banking crisis has drawn varied and incisive responses from finance experts at the University of Maryland’s Robert H. Smith School of Business.
The onset of COVID-19 upended economies worldwide. In the U.S., employment fell by a combined 21.7 million between January and April 2020.
Treasury payments towards the interest on the debt represent the federal government’s largest spending increase so far this year. As the Wall Street Journal reports, it’s contributing to a deficit for the first four months of this fiscal year that has widened to $460 billion, up 78% from $259 billion in the same four months of last fiscal year.
Wall Street Journal reporter Justin Lahart has coined the term “richcession” to explain what might happen should a recession occur this year. According to him, the well-heeled would take a bigger hit than usual, even if we manage to narrowly escape an economic downturn.
A study of the world’s top researchers identifies 25 from the University of Maryland’s Robert H. Smith School of Business in the top 2% of the most-cited scholars and scientists worldwide.
Economic arguments for and against student loan forgiveness have streamed through the media since President Biden last week announced a three-part plan to cancel student debt for low- to middle-income borrowers. In responses to Brain Trust, Smith experts Michael Faulkender and David Kass give differing perspectives.
Consumers are feeling the effects of the highest inflation rates in decades, particularly on essentials like groceries and gas, while many big companies are reporting record profits. That dichotomy is angering a lot of Americans and public officials. But corporate greed isn’t to blame for inflation, says Maryland Smith finance professor Michael Faulkender.